"DAX"

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Gate Research Daily Report: On July 2, BTC and ETH continued to consolidate with weak short-term technical structures, as overall market sentiment turned cautious. Among trending tokens, CALCIFY surged over 42% following multiple exchange listings, while SUN and VENOM saw short-term gains driven by TRON community activity and a high-profile AMA, respectively. On the macro front, Gate surpassed 30 million registered users and advanced its global compliance efforts, the U.S. SEC fast-tracked approval for Grayscale’s GDLC to be listed, and Malaysia proposed easing token listing regulations.

ADXcloud is an advanced version of the traditional ADX indicator, refined to better handle markets with slow-moving trends. Gate.io provides a user-friendly strategy robot that simplifies deploying this indicator.

This article sequentially introduces the crypto markets of Vietnam, Malaysia, Indonesia, Japan, and South Korea, covering the background and current situation, major policies and regulations, policy impacts, and future outlook. It summarizes the unique features and future trends of each country's policies, emphasizing the balance between market stability and innovation. With the rapid development of the cryptocurrency market, governments around the world are formulating relevant policies to regulate market behavior, protect investor interests, and prevent financial risks. Asia, as a key region in the global cryptocurrency market, has regulatory policies that significantly impact the global market.

The HAWK token was originally intended to provide financial support for pet charities, but its skyrocketing and plummeting after listing revealed the common scam patterns in the cryptocurrency market. Hailey Welch's token saw its market value soar to $490 million in just three hours, only to plunge by 91% shortly after, resulting in significant losses for many investors. The underlying issues of token concentration distribution, early 'sniping' profits, and the significant risks of celebrity tokens have made this event another typical case in the cryptocurrency field.